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You found the following data on a company's bond: Coupon rate: 10% Yield to maturity: 8% Tax rate: 20% Based on this information, what is

You found the following data on a company's bond: Coupon rate: 10% Yield to maturity: 8% Tax rate: 20% Based on this information, what is the after-tax cost of debt for this company? 9%

6.4%

10%

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